Categories AlphaGraphs, Earnings, Energy
CVX Earnings: Chevron Q2 2024 profit drops despite higher revenues
Energy exploration company Chevron Corporation (NYSE: CVX) announced second-quarter 2024 financial results, reporting a decline in net profit and an increase in revenues.
Net income attributable to Chevron Corporation dropped to $4.43 billion or $2.43 per share in the second quarter from $6.0 billion or $3.20 per share in the prior year period. Adjusted profit decreased 17% year-over-year to $2.55 per share.
Total revenues and other income were $51.2 billion in the June quarter, up 5% from $48.9 billion reported in the year-ago quarter.
“Despite recent operational downtime and softer margins, we remain poised to deliver significant long-term earnings and cash flow growth,” said Mike Wirth, Chevron’s chief executive officer.
Prior Performance
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
Earnings Preview: What to look for when Netflix (NFLX) reports Q4 2025 results
Netflix, Inc. (NASDAQ: NFLX) is expected to report Q4 results on January 20, amid expectations for strong revenue and earnings growth. The company is navigating a shifting streaming landscape where
What to look for when United Airlines (UAL) reports its Q4 2025 earnings results
Shares of United Airlines (NASDAQ: UAL) stayed red on Thursday. The stock has gained 15% over the past three months. The airline is scheduled to report its earnings results for
Infographic: How Constellation Brands (STZ) performed in Q3 2026
Constellation Brands, Inc. (NYSE: STZ) reported net sales of $2.22 billion for the third quarter of 2026, down 10% year-over-year. Organic net sales were down 2%. Net income attributable to
